The 1 ounce Philharmonic stands out as the most prized gold coin in Europe, and is one of the best-selling coins worldwide. The 2024 edition should continue to attract investors.
From November 1998, a change in Austrian legislation paved the way for the issue of pure gold coins for investment purposes. Thus was born the idea of an Austrian gold coin. Although many themes were considered, music, a universal language, finally won the day, symbolized by the prestigious Vienna Philharmonic Orchestra.
Unlike most bullion coins designed by different creators, the Philharmonic was designed in its entirety by Thomas Pesendorfer, chief engraver of the Austrian Mint.
The obverse of the 2024 Philharmonic features a depiction of the great pipe organ in the Goldener Saal of Vienna's Musikverein, also known as the Golden Hall, venue for performances by the Vienna Philharmonic Orchestra. Above the organ, the words 'REPUBLIK ÖSTERREICH' (Republic of Austria) appear in a semicircle, while the weight '1 UNZE GOLD', purity '999.9', and issue date '2024' can be found under the organ's balustrade. The face value '100 EURO' is inscribed on the lower edge of the coin (prior to the adoption of the euro in 2002, the face value was 2,000 Austrian schillings).
The reverse features the words 'WIENER PHILHARMONIKER' (Vienna Philharmonic Orchestra) above the characteristic instruments of an orchestra: a cello surrounded by four violins in the foreground, then a Viennese horn, bassoon and harp in the background.
Praised for its timeless style and value, this coin is considered as "one of the most reliable, bullion coins in existence" (Coinweek). The Philharmonic 2024 will appeal to investors who appreciate old-European classicism and the high purity standards applied in its manufacture.
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